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Japan: Sep. (prelim.): Industrial production 0.0% m/m (expected 0.9%)

Japan data

Industrial Production (September, preliminary) 0.0% m/m

  • expected 0.9%
  • prior 1.3%

Industrial Production (September, preliminary) 0.9% y/y

  • expected 1.9%
  • prior 4.5%

Japanese manufacturers outlook:

  • See October output at +1.1% m/m
  • See November output at +2.1%

Initial assessments

Concern on that flat result m/m

  • Weak consumer spending
  • Weak exports both weighing

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Retail Sales (September) -1.9% y/y

  • -1.8% expected
  • -1.1% prior

Retail sales (September) 0.0% m/m

  • expected +0.2%
  • prior -2.2%

On retail sales - weak consumer spending holding back retail sales

Meanwhile, yen .... does barely anything:

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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